Question
UUM will hold the 35th Convocation Ceremony in May 2023 for the awarding of degrees to graduates. In conjunction with the convocation ceremony, UUM will
UUM will hold the 35th Convocation Ceremony in May 2023 for the awarding of degrees to graduates. In conjunction with the convocation ceremony, UUM will organize a Convocation Party. It is open to all, especially students to participate in the exhibition trade and product sales according to their respective interests. UUM will provide the site stalls with a rental fee of RM2,000 per site. You are interested in joining it and planning to rent a booth.
Be required: 1. Prepare a brief discussion of the product you plan to sell on such trade fairs and sales. Include in the sales price discussion and variable cost per unit of product, and target operating profit.
2. Prepare an analysis to calculate the break-even point in unit quantity and sales ($).
3. Provide analysis to calculate the break-even point for different scenarios (for example, changes in site rental price, selling price per unit, variable costs per unit and target operating profit).
4. Provide an analysis of expected operating profit at various levels of sales. A Cost-Volume-Profit graph can be presented to further explain.
5. Based on the above analysis, discuss the viability of your plan to join trade fairs and sales.
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